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New $155 Million Graduate Center Approved for McCombs School of Business

The McCombs School of Business will have fancy new digs in 2017 if everything goes according to plan, the school announced recently. In late August, the University of Texas System Board of Regents approved a proposal for a new $155 million, 458,000-square-foot Graduate Business Education Center, scheduled to open in February 2017 on Whitis Avenue between MLK and 20th Streets.

As part of the proposal, the existing Graduate School of Business Building, as well as the College of Business Administration building, will be renovated for use by undergraduates.
“In our current space, we can’t educate either graduate or undergraduate students the way we want to,” Eric Hirst, McCombs associate dean, said in an article on the McCombs Today website. “Most importantly, we don’t have the ability to share fully the intellectual capital of the school,” he continued, added that the new building will be configured in a way that enables the school to offer a range of specialized electives, among other improvements.

“It’s a multi-step process,” Hirst continued. “Once the graduate programs and students have moved into the new building, we can work on the existing buildings.”

According to Hirst, the needs of MBA students are different from those of undergraduate business students. The new building for MBAs will be similar to office environments, with space for collaboration and group meetings, as well as rooms for negotiations and presentations to clients.

In addition, the new building will feature state-of-the-art telecommunications capabilities, allowing students to collaborate globally, including with other Texas MBA students in the Dallas, Houston and Mexico City programs.

With approval from the Regents for the proposal, plans for the design of the new building can now begin.

Learn more about the planned new Graduate Business Education Center at UT’s McCombs School.

 

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